ProShares Russell 2000 High Income ETF (BATS:ITWO) Stock Short Interest Report for September

ProShares Russell 2000 High Income ETF (BATS:ITWO) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 1,966 shares, a drop of 90.2% from the September 15th total of 20,070 shares. Based on an average daily volume of 24,144 shares, the short-interest ratio is currently 0.1 days. Approximately 0.2% of the company’s stock are sold short.

ProShares Russell 2000 High Income ETF Stock Up 0.9%

Shares of ITWO stock traded up $0.38 during trading hours on Friday, hitting $43.03. 3,816 shares of the company’s stock traded hands, compared to its average volume of 31,871. The stock’s fifty day simple moving average is $45.03 and its two-hundred day simple moving average is $44.40. ProShares Russell 2000 High Income ETF has a 12-month low of $37.09 and a 12-month high of $47.19. The stock has a market cap of $55.94 million and a price-to-earnings ratio of 17.43.

Institutional Trading of ProShares Russell 2000 High Income ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC grew its position in ProShares Russell 2000 High Income ETF by 22.6% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 9,691 shares of the company’s stock valued at $455,000 after purchasing an additional 1,788 shares during the last quarter. Endeavor Private Wealth Inc. increased its stake in ProShares Russell 2000 High Income ETF by 5.8% during the 2nd quarter. Endeavor Private Wealth Inc. now owns 11,489 shares of the company’s stock valued at $540,000 after purchasing an additional 630 shares in the last quarter. Rothschild Capital Partners LLC purchased a new position in ProShares Russell 2000 High Income ETF in the second quarter worth about $1,025,000. Hennion & Walsh Asset Management Inc. raised its holdings in ProShares Russell 2000 High Income ETF by 4.7% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 220,650 shares of the company’s stock worth $10,362,000 after buying an additional 9,907 shares during the last quarter. Finally, Sunbelt Securities Inc. raised its holdings in ProShares Russell 2000 High Income ETF by 34.0% in the first quarter. Sunbelt Securities Inc. now owns 7,907 shares of the company’s stock worth $315,000 after buying an additional 2,007 shares during the last quarter.

About ProShares Russell 2000 High Income ETF

The ProShares Russell 2000 High Income ETF (ITWO) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index that holds Russell 2000 stocks and sells daily call options on the same index. The fund primarily uses swaps to replicate the buy-write strategy in replicating returns of the sub-index. ITWO was launched on Sep 4, 2024 and is issued by ProShares.